The Standard and Poor's 500 Index measures prices of the 500:
A. most purchased consumer goods in the United States.
B. stocks of the largest companies in the United States.
C. largest bonds trading in the United States.
D. largest index funds trading in the United States.
B. stocks of the largest companies in the United States.
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When the percentage change in the quantity supplied is twice the percentage change in price, then supply is
A) elastic. B) inelastic. C) unit elastic. D) perfectly inelastic. E) perfectly elastic.
The price index that measures the cost of a basket of goods and services bought by firms is called the
a. industrial price index. b. producer price index. c. core price index. d. GDP deflator.
An increase in aggregate demand in the long run will most likely result in:
What will be an ideal response?
eBay has a seller reputation system to provide
A) consumers with a signal concerning seller quality. B) sellers a chance to signal other sellers concerning their quality. C) a reduction in monopoly power. D) improvements in investor relations.